Narendra Modi masks, Nitish Kumar caps all the rage in Bihar for Holi
Mar 23, 2016 at 16:24 | Source:
It is a colourful time in Bihar, but politics is not too far from the festivalof colours. Prime Minister Narendra Modi, Bihar chief minister Nitish Kumar and Rashtriya Janata Dal chief Lalu Yadav are all in major demand for Holi in the state.Holi thi...
Government may consider 49% stake sale in loss-making Air India
Mar 23, 2016 at 15:33 | Source:
New Delhi:The government is to examine the possibility of selling up to 49 percent of loss-making national carrier Air India, news agency NewsRise Financial reported on Wednesday, citing an unnamed official.The government plans to form a four-to-five...
Oil futures fall after latest stockpile build| Reuters
Mar 23, 2016 at 07:30 | Source:
TOKYO Oil prices fell in early Asian trading on Wednesday after figures from an industry group showed U.S. stockpiles had risen more than expected.The front-month contract in U.S. crude futures CLc1 was down 36 cents at $41.09 a barrel by 0047 GMT. I...
Mounting debts could derail China plans to cut steel, coal glut | Reuters
Mar 23, 2016 at 05:45 | Source:
BEIJING China's campaign to slim down its bloated industries could be derailed by more than $1.5 trillion of debt in its steel, coal, cement and non-ferrous metal sectors, which threatens to overwhelm local banks.Tackling industrial overcapacity has ...
Brent ends steady; U.S. crude extends losses on stockpile build| Reuters
Mar 23, 2016 at 03:45 | Source:
NEW YORK Brent oil prices settled steady on Tuesday after the deadly blasts in Brussels while U.S. crude futures fell, then extended losses in post-settlement trade on industry data showing bigger than expected builds in domestic inventory.Oil prices...
Global stocks recover from early selloff; safe-haven assets ease| Reuters
Mar 23, 2016 at 02:15 | Source:
NEW York Global equity markets were little changed, regrouping from early losses while safe-haven gold and government bonds eased from higher levels on Tuesday following attacks on the airport and a rush-hour metro train in Brussels.Islamic State cla...
RBI spotted intervening after rupee falls - traders| Reuters
Mar 23, 2016 at 01:30 | Source:
MUMBAI The Reserve Bank of India (RBI) likely sold dollars through state-owned banks in a bid to prevent sharper falls in the rupee after reports of explosions at the Brussels airport hit global markets, three currency traders said on Tuesday.The tra...
Wall Street set to open lower after Brussels explosions| Reuters
Mar 23, 2016 at 00:45 | Source:
Wall Street looked set to open lower on Tuesday after explosions in Brussels sparked fresh geopolitical concerns and sent investors scurrying for safe-haven assets.At least 26 people were killed in twin attacks on Brussels airport and a rush-hour met...
Healthcare leads Wall Street recovery after Brussels blasts| Reuters
Mar 22, 2016 at 23:45 | Source:
Wall Street recouped early losses on Tuesday, helped by a rise in healthcare stocks, even as travel-related shares remained under pressure following the Brussels attacks.Gains in Exxon, Apple and UnitedHealth also supported the market after the explo...
Israel's Elbit Systems sees 2016 growth from Europe, Asia| Reuters
Mar 22, 2016 at 23:30 | Source:
TEL AVIV Israeli defence electronics firm Elbit Systems expects further revenue and profit growth in 2016 as the European defence market recovers and Asia-Pacific remains strong, its chief executive said on Tuesday.Elbit, Israel's largest non-governm...
Stocks dip, safe-haven assets climb after Brussels attacks| Reuters
Mar 22, 2016 at 23:15 | Source:
NEW York Global equity markets fell on Tuesday while safe-haven gold and government bonds were in demand after attacks on the airport and a rush-hour metro train in Brussels triggered security alerts across western Europe.At least 30 people were kill...
JLL India partners Snapdeal to market housing properties
Mar 22, 2016 at 15:49 | Source:
New Delhi: Property consultant JLL India today announced a tie-up with online marketplace Snapdeal to sell homes as it seeks to tap the growing e-commerce business in India.The partnership would be for the next two years, providing customers an end-t...